Asian stocks hit by trade confusion and HK unrest

TOKYO - Asian stocks and Wall Street futures fell on Wednesday, as confusing signals over the extent of progress made in U.S.-China trade talks and concern about intensifying unrest in Hong Kong hurt demand for risky assets.

The dollar drifted in Asia after U.S. President Donald Trump said a trade deal was “close” but gave no new details on when or where an agreement would be signed, disappointing investors in what was billed as a major speech on his administration’s economic policies. “I’m absolutely concerned. The clock is ticking,” said Michael McCarthy, chief market strategist at CMC Markets in Sydney.

The standoff has roiled global financial markets and raised the risk of recession for some economies as global trade slows.

Trade confusion?!? Buy low! Sell hi!

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian stocks fall on fears U.S.-China trade stallingAsian stocks and Wall Street futures fell on Wednesday on growing worries U.S.-C... ' Impeach' those who 'impeach' ..methinks ! Well, it has stalled. No need to fear certainty now. See what is next, like the economic depression coming to all countries thanks to the debt blow out in each country starting with Japan! That’s weird I thought all that was factored in. Just more bs from a sketchy industry
Source: Reuters - 🏆 2. / 97 Read more »

Asia stocks set to trade cautiously amid US-China trade jitters and unrest in Hong KongStocks in Asia were set to trade cautiously on Tuesday amid concerns over the state of U.S.-China trade negotiations as well as a recent escalation of violence in ongoing protests in Hong Kong.
Source: CNBC - 🏆 12. / 72 Read more »